Data from property consultant Cushman & Wakefield show that residential housing across Bengaluru, Chennai and Hyderabad received 1,860-crore funding from private equity and non-banking finance companies in the first quarter of 2017, a big jump from 630 crore in the first quarter of 2016. Rajeev Bairathi, Head, Capital Markets, Knight Frank India in a media statement said that price erosion is minimal in a market like Bengaluru and whenever the real estate sector will turn around, it will be the first one to do so. The residential asset class took predominance across the southern cities, accounting for a large share in residential investments.